How Argentina pulled off its latest IMF deal

How Argentina pulled off its latest IMF deal

Fund to give unusually large upfront transfer to Argentina’s President Javier Milei

CNN Radio Argentina (CNN Radio Argentina) – Economist Santiago Bulat analyzed the recent announcements by Javier Milei's government on CNN Economía y Actualidad on Monday: "After Friday's announcement of the end of the exchange rate controls, a good day for stocks and bonds was expected," he said. Bulat emphasized that "the most notable thing, more than the price increases, is that the exchange rate rose by almost 11% and did not reach the upper…

By ALMUDENA CALATRAVA BUENOS AIRES (AP) — After years of currency restrictions, Argentines can now buy unlimited dollars starting Monday, thanks to a measure announced by President Javier Milei to normalize the economy. Skeptics have called it risky in a country historically plagued by high exchange rate volatility and inflation. Milei freed up the foreign exchange market as part of a loan from the International Monetary Fund (IMF) to the South …

Javier Milei’s big move to normalise Argentina’s economy

A gob of IMF cash will help partially float the peso, but political and market risks abound

The Central Bank of Argentina reported on Friday, April 11, that the lifting of the so-called "Cepo Cambioio" within the so-called phase 3 of its economic program will take place from this Monday. In this sense, a set of restrictions on access to foreign exchange that has prevailed since 2011, with the application of a new exchange rate regime, was put in place. The measure comes after the International Monetary Fund (IMF) approved a credit for …

Milei Liberalizes the Purchase of U.S. Dollars in Argentina - teleSUR English

The far-right president eliminated restrictions on the purchase of dollars that had existed for over a decade. On Friday, Argentine President Javier Milei eliminated the so-called “currency clamp,” a set of restrictions on the purchase of U.S. dollars. RELATED: Argentine Unions Hold General Strike After Retirees Protest “Today we were able to remove the last thorn that caused us deep pain: we got rid of the currency clamp, an aberration that sho…